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Skanska acquires road construction company in Poland

Skanska Poland has today signed an agreement for 100 percent of the shares of
the construction company PUDiZ with its subsidiary WMPD. PUDiZ Group is
specialized in road construction and employs about 450 people. The revenue for
2010 was PLN 160 M, about SEK 350 M. The company is based in Olsztyn, in the
Northeast of Poland.
 
“We are really pleased with this acquisition that helps Skanska enter a new
geographical area of the Polish market. PUDiZ is a financially stable company
with a full range of services for road projects that will enable us to
strengthen our position as the general contractor for road construction in
north-east Poland”, says Krzysztof Andrulewicz, President, Skanska Poland.
 
The acquisition has been approved by the competition authorities.
 
Skanska Poland, one of the largest construction companies inPoland, had sales of
SEK 9 billion in 2010. The company has about 7,500 employees. Skanska Commercial
Development and Skanska Infrastructure Development are also active inPoland.
 
For further information, please contact:
 
Małgorzata Dobosz, Communication Manager, SkanskaPoland, phone +48 22 561 30 66
 
Edvard Lind, Group Press Officer, Skanska AB, Tel: +46 (0)10-448 88 08
 
Direct line for media: +46 10 448 88 99
 
This and previous releases can also be found at www.skanska.com
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